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Search Results 0 to 28 of about 29 (some duplicates have been removed)
to tackle the impending fiscal cliff but the president and the speaker of the house john boehner each drawing lines that they say they will not cross. the major hurdles, that threat to send the economy into a tailspin, that's coming up next. >>> plus a nascar race turning into a full-scale brawl. look at this. mayhem breaking out of the everybody going at it. we'll tell you what set it off. after this. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. jenna: well come back, everyone. now let's return to the economy. the president and house speaker john boehner are suggesting they are willing to compromise to prevent our economy from going over that so-called fiscal cliff but both sides are digging in their heels whether or not to race tax rates for the wealthy. rich edson of the fox business network watching
would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today the president is scheduled to meet with ceos from a dozen companies. there's some of them on your screen. general electric, ford, ibm all playing a part. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed-door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would, quote, not budge when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio, richard trumka, was among those at the white house meeting. he said he and the president are on the same page. >> we're very, very committed to making sure that the middle class and workers don't end up paying the tab for a party that we didn't get to go to. the president led with that notion of protecting the middle class, and now you have republicans that have it in their power, they could sign a bill tomorrow that protects
boehner immediately saying he generally supportive of trying to close the loop holes. do you see that as raising taxes? >> what boehner said and in the republican position since republican we should reduce rates have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was growing the rate reagans did more americans would be at work. in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do you think that those four points will go in negotiations with the republicans? >
speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president's right that -- and i've said this for a long time -- that we have to look at both revenues and spending. but there eds to be compromise on both sides. >> woodruff: but mcconnell said the president needs to put a proposal on the table if any agreement is going to pass. >> the time for the president to lead is now. that means offering a concrete plan that takes into account the fact that half the congo poses tax hikes. >> woodruff: on the democratic side house minority leader nancy pelosi rejected calls by some in the party who have argued for letting the country go over the cliff to get a better deal. >> i want you to b disabused any notion that there's any widespread thought that it would be a good as a country for us to go over the cliff. we want an agreement. we want an agreement. >> woodruff: law mangers will have to try to differences on the fiscal cliff and other issues with
. day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate . the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes but in no event shall debate continue beyond 11: 50 a.m. the chair recognizes the gentleman from illinois, mr. quigley, for five minutes. mr. quigley: thank you, mr. speaker. mr. speaker, an estimated 50,000 people die every year as a result of seize years. some of -- seizures. some of these victims are like danny stanton. chicago's mike and mary stanton founded the danny foundation after their 4-year-old son, danny, died from a seizure while he was sleeping. it is dedicated to preventing deaths caused by seizures and raising epilepsy awareness among the public and medical community. that's no small task, but one
. visit studentcam.org. >> house speaker john boehner on his party leadership election followed by democratic leader nancy pelosi. then senators of both parties on their leadership elections. later republican senators john mccain, nancy gramm, and others call for the investigation on the attacks of the u.s. consulate in libya. the senate armed services committee holds a hearing tomorrow morning on the nomination of marine corps general joseph dunford. that is live on c-span 3 at 9:30 eastern. general dunford is assistant commandant of the marine corps. now house speaker john gainer on his party's leadership election and the agenda for the lame duck session of congress. top priority which is jobs. i'm proud of my leadership caucus who are going to serve. and while some of us who are returning to the leadership, we have new members and you will get to hear from them in a moment. our majority is the primary line of defense for the american people against a government that spends too much, borrows too much when left unchecked. i have outlined a framework for how both parties can wor
boehner offered last year and many top republicans say the government should not be raising taxes on everyone. gerri willis is with us, in other than bill kristol said this will not kill us. he pointed out under president reagan taxes on the rich were 50 percent and that was the highest tax rate and we did well. >>gerri: what bill kristol said we would be okay if we raised taxes on people would on the other hand $1 million or more but not specifically addressing what the president said which is raising taxes on people who earn $250,000 or more which is opposed by some democrats here in new york city. >>shepard: no one wants to pay more taxes. what the president is doing he is not saying $250,000, to observers it sounds as if he is ready for compromise. he said he is ready for compromise. >>gerri: and today he met with a dozen corporate leaders from the biggest corporations, walmart, g.e. and chevron, at least six of them in the meeting today have already served on either the president's jobs council or other councils the president has had and lot of people discussing what to do wi
and the ongoing relationship with boehner and mcconnell because he's going to have to be a different kind of leader with them. he talked about it in the press conference a bit the other day. he needs to reach out to them the way he's reached out to people on staten island and dealt with the two governors, christie and cuomo, who are two pretty demanding guys as well. and based on their public and private comments have been very happy with the president's leadership and his government. >> i just wonder if it's fair to make a parallel when you look at the president's response to sandy which has had and continues to have just devastating effects on the economy for businesses and the reaction to the bp oil spill which seemed slow in coming because that was devastating as well to a different part of the country. >> he certainly was. he was very slow to respond to people in the gulf coast. >> in terms of appearances. >> i think things have changed, though, over the past couple years. and i suspect that, you know, even the president's closest allies will say that it was a very hard adjustment go
between now and the first of the year. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp david talks. it wasn't easy. >> were they as uncomfortable as they looked sitting next to each other? >> yes. >> and what did you learn from that? >> well, i think that -- what can you say? they don't strike me as two guys that are -- can sit down in a room over a whiskey and kind of work things out. they're very locked in their ways and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the qu
can pass the alternative. but it's your problem to get the votes. and boehner would be well put not to try to cut a deal with obama but instead to say paul ryan's going to bring a solution to the fix, we're going to gather votes for it. i guarantee you, you'll get the right to have a democratic substitute. and if you can get enough republicans to vote for it, terrific. but they do not have an obligation to concede that the only mandate in washington is the president's. >> you're talking about chains hiring people for 29 hours. i'm hearing that from small business owners across pensacola. >> yeah. >> my own district. on election night i got three different e-mails from small business owners going it's sad -- and i said this on the air a couple days ago. they said i'm going to have to put these people on for less than 30 hours and i'm going to lose my best people. i can choose to do that or fire six, seven people because my margins are so small i'm fighting to keep my business open. >> you track the number of layoffs and closures in the first week since the election, it's sobering
's got more leverage, and republicans are a bit chasen by the outcome so boehner and mcconnell have more control over their flocks than they did before the election. >> thank you. >>> let's get a check of the morning's other top stories now. jenna wolfe is standing by. good morning. >>> good morning. the coast guard is searching for two workers who went missing after a fire on an oil rig in the gulf of america. the fire which broke out friday as workers were using a torch to cut an oil line was quickly put out. the coast guard said no oil is coming from the well. >>> a national tragedy is playing out in the plains of west texas. frail investigators are trying to determine whether a small parade to honor wounded veterans had been given enough warning to clear train tracks they were trying to cross. a freight lane slammed into the tractor trailer killing four decorated veterans and injuring 16 people. >>> there's been another terrible train crash this one in southern egypt. a security official says it appears a railroad crossing was not closed when a speeding train collided with a bus toda
boehner said i don't want to put anybody in a box, they don't want to have some framework out there the markets are going to get all concerned about. but inside wall street, different analysts and investment houses are saying they're not certain that a deal is -- the kind of deal that wall street wants is going to actually get done. so that's still something to really be concerned about. a lot of comparisons going on in the debt ceiling debate of 2011 that started all this. that was a very hard time for investors. and for the public. now something that's a little more fun, faster and cooler, motor trend car of the year, this was a really cool tesla model "s" all-electric plug-in luxury car. the first time an electric car has been elected. eleven finalists. and this was a pretty solid field. the ford fusion, porsche 911. the hyundai azera and the editor at motor trend said at its core the tesla model "s" is simply a damned good car you happen to blug in to refuel. seats seven. in part because it doesn't have a big, bulky combustion engine. average 74.5 miles per gallon equivale
negotiate with speaker boehner, mitch mcconnell, or does he come in, give a set of demands and go hold a press conference? they can, i believe, hammer out -- >> same can the said on the other side, by the way. >> but if the president is willing to do it, the republicans have no choice. i mean, you can't turn down a president who just won re-election if he's sincere and willing to negotiate. >> going to take some bold initiatives which is my segue into your book, okay, because you've written this book about george washington and his bold moves to break the stalemate of the revolutionary war. so much has been written about george washington. what do you want readers to take away from this book that's new? >> well, i think particularly this morning is the launch of an american legacy book tour that calista and i are doing because she has two new children's books out for american history. the first thing is to say to people we have a long history of overcoming adversity. george washington is probably the greatest example of that, and in "victory at yorktown" you see him faced with a strate
. former lt. governor of new york. and author of decoding the obama health law. john boehner said it is now the law of the land. good to see you. biggest colonel to me, my family and to people out there watching. will my quality of care care change? >> first of all, you may lose the plan you get on your job. and you may lose full-time job status as a result. this law says that employers. >> is this all of it. >> this is all of it. >> we like our guests to bring us cake not 2,000 pages of healthcare legislation. >> unfortunately this is what you have got. this law says that employers with 50 or more full-time workers have to provide health insurance. not just any health insurance but the one size fits all government designed plan. that cost almost twice as much as what many employers currently provide. so, as a result. employers in many cases are going to drop the coverage and may even move their full-time employees into part time status to avoid the penalty. >> we have already seen companies doing that. >> that's right. and the government actually predicts that under this employer mandate,
Search Results 0 to 28 of about 29 (some duplicates have been removed)

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